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    Rate Period

    Setup a Rate Period in RMS.

    Steps Required

    Have your System Administrator complete the following.

    1. Go to Charts > Rate Manager in RMS.
    2. Select 'Rates'.
    3. Select 'Rate Periods'.
    4. Select 'Add'.
    5. Enter a Rate Period Description.
    6. Select a Date Range.
    7. Select the Rate Period Options.
    8. Save/Exit.

    Info

    The Rate Period determines the date range a set of pricing is applicable to.

    Rate Periods can be setup to reflect the changeover in a pricing structure including Annual, Peak, Off Peak and Shoulder seasons as well as smaller overlapping Holiday Seasons.

    Selecting a Cancellation Policy or setting a Minimum Reservation Period on the Rate Period will override any set on the Rate Type.

    Setup a Rate Type, Rate Table and Rate Lookup to make a Rate Type available for selection on a reservation or use the New Rate Wizard.

    Visual Guide

    Go to Charts > Rate Manager in RMS.

    Select 'Rates'.

    Select 'Rate Periods'.

    Select 'Add' to create a new Rate Period.

    Enter a Rate Period Description.

    Select a Date Range.

    Select the Rate Period Options.

    Select 'Save/Exit' to store the changes made.

    Setup a Rate Type, Rate Table and Rate Lookup to make a Rate Type available for selection on a reservation or use the New Rate Wizard.


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